normstock

Bitcoin Cash near support

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BITFINEX:BCHUSD   None
Bitcoin Cash shows to be inside a descending triangle, currently near the support. A little below ($1969) we have a mid-December support that can serve as a reference, however we must be careful because the most solid support will not find until the area of $1623. Remember that these values should not be taken literally, but as areas near these prices.

It is very likely that we keep within the triangle a couple more waves, however with Bitcoin Cash we can expect almost anything.

Have a wonderful New Year!!
Kommentar:
Nothing special for Bitcoin Cash yet... sill waiting.

Kommentar:
We may have a little window in this zone, let's see how it develops....
Kommentar:
I have something in my eye... lol.
Kommentar:
Updating what is in front of Bch, holding the angles very well but every time he goes up to his return he loses a level, it seems to me that he is stable and if this baby explodes...

"mama mia"

Kommentar:
Bch lost his support and moves away from the reference zone, from my point of view this does not mean much.
When Bitcoin cash explodes, it does not matter much how many resistances there are over it.
Although at this moment I have no reason to believe that I will totally lose the angle level, I will keep an eye.

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